Most people believe having bad credit means you can never get a home loan. Not true! No matter what your credit rating is, their are mortgage lenders that will help you to get a home equity mortgage loan.Whether you’re looking to tap into the equity you’ve built up in your home, or refinance to a lower interest rate you can get a loan, even with bad credit.Many homeowners give up trying to get approved for a home loan to soon. With one easy online loan application you can have numerous home equity lenders competing for your business. When you apply online you have access to lenders for all credit types.A home equity loan can be used for just about anything – from paying off high interest credit cards to making home improvements. You can clean up old debts, and get on the road to a better credit rating.A fixed rate home equity loan will let you pay off all those credit cards in one shot, and leave you with just one low interest monthly payment you can manage.Renovations and remodeling are also good uses for a home equity loan, as they enhance the value of your property. Good uses include: landscaping, appliances, additions, new roof, energy efficient furnace and the like.Don’t let bad credit stop you from getting competitive loan quotes. There are lenders around the country who want your business, and will compete to have your business by offering the best deals possible on home loans.